Bitcoin Bulls to Take a Breather!
Bitcoin Bulls to Take a Breather!
Richard Matthews from one.io sat down with Blake Morrow to discuss the recent move in Bitcoin where just a couple weeks back he was looking for 70000! We came very close and now he feels that Bitcoin may need some time to consolidate and take a breather before its next move higher.
Richard also discusses the US economy, the Federal Reserve and a predicament they are in being a political year and inflation pressures. He also talks about the UK economy as well.
Richard does think that the best trade now is out of the money puts in the stock market and thinks the market will eventually succumb to selling pressure as the market realizes rate hikes are not coming.
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